The Daily Flight🦉

• Liquidations Hit Crypto As Bitcoin Falls Under $110K

  Crypto majors retrace the weekend pump as stocks start the week in the red

• Donald trump Fires Federal Reserve Governor

  Trump has officially fired Lisa Cook after a recent criminal referral by the DOJ

• U.S. Government Plans To Acquire Stake in More Companies

  The U.S. will look to take ownership in more companies after new stake in Intel

• Switzerland Post Office Suspends U.S. Shipments

  The Switzerland post office will no longer ship U.S. goods in a response to tariffs

• U.S. National Debt Spikes in Recent Days

  The federal debt jumped $1T in 48 days with $200B coming in the last 2 weeks

• First-Time Home Buyers Hit Record Low in The U.S.

  Home prices remain high as first-time buyers make up less than ¼ of the market

• Markets Prepare For Eventful Week Ahead

  Several key events take place this week with new data on GDP, inflation, & more

• Crypto Majors Falls As Bitcoin Whale Sells Off $2.7B

  Bitcoin falls to lowest price in over a month as a single wallet sells 24,000 BTC

• Pantera Capital Aims To Raise $1.25B For New SOL Treasury Company

  SOL sees massive institutional interest with 10-figure reserve backed by Pantera

• Football Dot Fun Brings Fantasy Sports To Base

  The fantasy soccer game makes waves as users trade tokenized player shares

• Crypto Powerhouses Team Up For $1B Solana Treasury

  Galaxy Digital, Multicoin Capital & Jump Crypto look to build $1B SOL Treasury

• Bitcoin Sees Major Deviation From M2 Money Supply

  Bitcoin begins to lag global M2 as correlation sees biggest drop in two years

• Grayscale Submits ETF Filing For AVAX

  Grayscale files with the SEC to bring $AVAX exposure to institutional investors

• YZY Launch Shows Connections To LIBRA Scammers

  Bubblemaps shows the people behind LIBRA also made $12M on Kanye’s token

• Canary Files For American-Made Crypto ETF

  The new fund will focus on tokens developed, mined, or operated in the U.S.

• B Strategy Looks To Build $1B BNB Treasury

  B Strategy receives support from YZi Labs to build out BNB treasury company

• BitMine Immersions Discloses Latest ETH Holdings

  BitMine buys another $876M ETH to bring treasury holdings over 1.7M ETH

• Strategy Announces New Bitcoin Purchase

  Strategy makes first purchase after updating mNAV guidelines with $357M buy

• Pudgy Penguins Face NFT Lending Crisis

  Pudgy sees 140 NFTs go up for auction as leveraged buyers default on loans

• More Companies Announce Financing For Solana Reserves

  DeFi Dev Corp raises $125M as Sharp Technology reveals new $400M treasury

• Moonbirds Announce Partnership With Football Dot Fun

  All Moonbirds, Mythics, & Oddities can claim a free Pro Pack & 2k rep points

• World Liberty Financial Begins Process For $WLFI Trading

  $WLFI Lockboxes are live as users prepare for token claims on September 1st

• Gemini Announces XRP-Edition Credit Card

  Users can earn up to 4% back in XRP while using Gemini’s new metal card

• Vibes TCG Enters Launch Week For Legend of the Lils

  The second set from Vibes TCG will officially release this week on August 29th

• Telegram Reveals New Updates To Stickers on TON

  NFT stickers on Telegram can now be minted on TON for on & off-chain trading

• Collector Crypt Prepares For $CARDS Presale

  $CARDS presale begins August 27th with all deposits needing to be in SOL

• Pudgy Penguins Introduce SBT For Pudgy Party Players

  Users can now earn a Soulbound Token for pre-downloading Pudgy’s new game

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